Want to join the conversation?
$VLY said in its Form 10-Q Quarterly Report filed on Aug. 8, 2016 that in early August it elected to prepay all $405MM of its Federal Home Loan Bank borrowings contractually maturing in 2018. $VLY refinanced 2018 debt, with total average cost of 3.69%, into a new 5-year FHLB borrowing with effective average interest rate of 2.51%.
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.
$TSLA opening a showroom in Michigan. A bold move !!